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A Simple Guide To Gold: How Can The Purity Affect The Value?

02 January 2024

Gold has served as a status, beauty, and financial symbol for millennia. Whenever you think of buying them on a special occasion or investing, assuring the purity of gold is always crucial. In fact, if you're considering a gold biscuit online purchase, understanding gold purity becomes even more paramount. In this simple guide, we will explore the significance of gold purity and how it influences the overall value of this timeless metal.

Comprehending the Purity of Gold

The quantity of pure gold in a piece of jewellery or bullion is known as "karats," which is a unit of measurement used to describe the purity of gold. For those who are not familiar with them, the term "karats" refers to both gold and valuable gems. Meanwhile, "carat" refers to the weight of 0.2 grams per carat of precious jewels like diamonds and is used to describe the size of a gemstone. 

A karat is used for a measurement of the fineness of a gold piece. This fineness describes the weight of fine metal that it consists of in ratio to the total weight. Gold always uses karats. For example - pure gold, which is not mixed with any other metals, is denoted with the highest possible karat, i.e., 24 karat (24k) gold. The 10k, 14k, 18k, 22k and 24k values are the most frequently used in gold. 

The various karat values and the amount of gold they correspond to are shown in the table below:

Karat Value

Millesimal Fineness

Gold Content 

24k

999

99.9%

22k

916

91.6%

18k

750

75.0%

14k

585

58.5%

10k

417

41.7%

 


How to Assess the Gold's Purity? 

The purity of gold can be ascertained in a few ways:

  • Hallmarks: To denote purity, gold jewellery is frequently hallmarked in Dubai. On the jewellery, look for the hallmark stamp, which usually has the karat or a number that indicates the degree of purity. 
  • Reputable Jewellers: Buy gold jewellery from Dubai's reliable and trustworthy jewellers. Reputable jewellers are known for maintaining and guaranteeing the genuineness and excellence of their merchandise.
  • Government Certification: In Dubai, the purity of Gold is marked with a Bareeq Certification. Issued by the DCLD - Dubai Central Laboratories Department, it ensures the purity standard of the Gold. So, always ensure that you buy Gold with an authenticity certificate and make your purchase safe. 

The Bottom Line

Gold's allure is timeless, and understanding its purity is essential for investors and enthusiasts. The purity of gold directly influences its colour, durability, and intrinsic value. Whether you're selecting a piece of jewellery or considering gold as an investment, trust AB Metals. We are an emerging platform in precious metal trading in Dubai, UAE. We also provide custom design jewellery services that will meet your jewellery requirements. Our commitment to transparency and authenticity ensures you receive genuine and accurately described metals, giving you confidence in every transaction.
 

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